Carlton, MT
Population 497 · Montana
About Carlton, MT
Carlton is a small community in Montana with a population of 497 residents. The median household income is $81,648 per year, which is above the national average. The median age in Carlton is 61.5 years.
Housing in Carlton has a median home value of $626,400 and median monthly rent of $0. Of the 279 total housing units, the majority are owner-occupied, with 215 owner-occupied and 0 renter-occupied units.
The unemployment rate in Carlton is 0.0% and the poverty rate is 14.7%. 27.9% of residents hold a bachelor's degree or higher. The average commute time is 30.7 minutes.
Cost of Living in Carlton, MT
Compared to national averages, Carlton has a median household income of $81,648 (9% above the national median of $75,149). Home values average $626,400, which is 156% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Montana, Carlton's income is 24% above the state average of $65,821, and home values are 117% above the state median of $288,703.
Why Live in Carlton, MT?
Carlton offers a strong local economy with a median household income of $81,648, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%.
Potential considerations include a competitive housing market where the typical home costs $626,400. However, Carlton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Carlton has a population of 497 with a median age of 61.5 years. Compare Carlton with other cities to see how it stacks up, or explore all cities in Montana.
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Other Cities in Montana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Carlton
What is the population of Carlton, MT?
The population of Carlton, MT is 497 according to the latest Census data.
What is the median household income in Carlton?
The median household income in Carlton, MT is $81,648 per year.
What is the median home value in Carlton?
The median home value in Carlton, MT is $626,400.
What is the average rent in Carlton?
The median monthly rent in Carlton, MT is $0.
What is the unemployment rate in Carlton?
The unemployment rate in Carlton, MT is 0.0%.